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A Government Is Considering Undertaking a Construction Project of an Increasing

Question 63

Multiple Choice

A government is considering undertaking a construction project of an increasing scale (ranging from 1, 2, 3, to 4) . The estimated marginal costs and marginal benefits of each successive scale of the project are given in the table below. A government is considering undertaking a construction project of an increasing scale (ranging from 1, 2, 3, to 4) . The estimated marginal costs and marginal benefits of each successive scale of the project are given in the table below. What is the net benefit of project scale 2? A) $2 million B) $3 million C) $4 million D) $5 million What is the net benefit of project scale 2?


A) $2 million
B) $3 million
C) $4 million
D) $5 million

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